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Disclosure

About disclosure at VFMC

As Victoria’s investment specialist, VFMC is a strong advocate for disclosure as part of its governance framework. We know that transparency and trust, and investment skill and performance, are two sides of the same coin.

Freedom of Information

Under section 39 of the Victorian Funds Management Act 1994, VFMC is not an agency or prescribed authority under the Freedom of Information Act 1982.

Protected Disclosure

VFMC does not tolerate corrupt or improper conduct by employees, nor the taking of reprisals against those who come forward to disclose corruption or impropriety.

We are bound by the Protected Disclosures Act 2012. This Act encourages and facilitates people in making disclosures of improper conduct by public officers and public bodies, and detrimental action taken in reprisal.

VFMC will take all reasonable steps to protect people who make such disclosures and afford natural justice to those subject of the disclosure.

We encourage the reporting of known or suspected incidences of improper conduct or detrimental actions.

Information on request

To the extent possible, VFMC can prepare the following information for the relevant Minister on request:

Declarations of pecuniary interest

Details of shares held by senior officers

Details of publications produced

Details of changes in prices, fees, charges, rates and levies

Details of major research and development

Details of overseas visits undertaken and their objectives

Details of major promotional, public relations and marketing activities

Details of assessments and measures to improve employee occupational health and safety

A general statement on industrial relations and details of time lost through industrial accidents and disputes